Compensatory expenses associated with Object Consolidation SUB6 (e.g., medical, dental)".
the provision of direct (salary, bonuses, etc.) indirect (vacation leave, medical and dental plans, etc.) and deferred employee compensation (pensions, etc.).
Benefits offered to an employee by an employer and usually paid for at least in part by the employer. Life, Health and Critical Illness insurance obtained by an employer on a group basis are examples of employee benefits.
Benefits offered an employee at his or her place of work covering medical expenses, disability, retirement and death. These benefits are usually insurance coverage and are paid in whole or in part by the employer.
Expenditures for employee retirement contributions, life, health, dental and vision insurance, etc.
legally required or voluntary compensation provided to employees in addition to their salaries.
Amounts paid on behalf of employees; these amounts are not included in the gross salary. They are fringe benefit payments, and while not paid directly to employees, they are nevertheless a part of the cost of staff. Examples are group health or life insurance payments, contributions to employee retirement, Social Security taxes, workers' compensation payments, and unemployment insurance payments.
direct expenditures by an organization on behalf of its employees for such items as workman's compensation, disability insurance, unemployment compensation, Social Security, life and health insurance, and retirement. Usually fringe benefits are calculated as a percentage of salaries. (See Fringe Benefits.)
Amounts paid by the district on behalf of employees. These amounts are not included in the gross salary. They are fringe benefits, and while not paid directly to employees, are part of the cost of operating the school district. Employee benefits include the district cost for health insurance premiums, dental insurance, life and disability insurance, Medicare, retirement (PERS), social security, and tuition reimbursement.
Costs such as retirement, social security, health insurance, life insurance and other fringe benefits of county employees.
Expenses for employees in addition to salaries and wages. Employee benefits include retirement plans, health plans, dental or vision plans, life insurance plans, paid vacations, holidays, or sick leave.
Employee benefits may include medical, life, and disability insurance, 401(k) or other retirement plans, and other benefits.
Employer-sponsored programs to increase the economic security of employees. Both insurance and non-insurance benefits are included.
An indirect form of employee compensation, in addition to wages. Some employee benefits are mandated by law. These include social security, unemployment, and workers compensation. Other employee benefits are sponsored voluntarily by employers. It is usual to talk about health-care, life insurance, retirement, or other welfare benefits in this context.
Compensation, in addition to regular salary, provided to an employee. This may include such benefits as health insurance, life insurance, annual leave, sick leave, retirement, and social security.
The cost to the City for contribution to employee retirement, social security, health and workers' compensation programs.